Nabors Announces First Quarter 2021 Results

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Go back to Nabors Announces First Quarter 2021 Results

Nabors Industries (NBR) Tops Q1 EPS by 116c

April 28, 2021 5:06 PM EDT

Nabors Industries (NYSE: NBR) reported Q1 EPS of ($20.16), $1.16 better than the analyst estimate of ($21.32).

Anthony G. Petrello, Nabors Chairman, CEO and President, commented, "Our first quarter results exceeded our expectations, as we maintained our strong execution across the portfolio. First quarter adjusted EBITDA of $108 million was in line with the strong fourth quarter. We benefitted from activity increases in our North American and International markets and our Drilling Solutions business improved significantly.... More